2018 Q2 Form 10-Q Financial Statement

#000114420418044004 Filed on August 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2 2017 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $50.00K
YoY Change
Gross Profit -$50.00K
YoY Change
Gross Profit Margin
Selling, General & Admin $1.680M $1.670M $2.030M
YoY Change 0.6% 263.04% 680.77%
% of Gross Profit
Research & Development $3.557M $500.0K $500.0K
YoY Change 611.4% 0.0% 0.0%
% of Gross Profit
Depreciation & Amortization $115.0K $0.00
YoY Change
% of Gross Profit
Operating Expenses $5.240M $5.665M $3.306M
YoY Change -7.5% 444.71% 561.2%
Operating Profit -$5.240M -$5.665M -$3.306M
YoY Change -7.5% 444.71% 302.19%
Interest Expense $150.0K $140.0K $90.00K
YoY Change 7.14% -255.56% -212.5%
% of Operating Profit
Other Income/Expense, Net $147.0K $136.0K $88.00K
YoY Change 8.09% -246.24% -208.64%
Pretax Income -$5.090M -$5.530M -$3.220M
YoY Change -7.96% 389.38% 257.78%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.093M -$5.529M -$3.218M
YoY Change -7.89% 388.0% 256.37%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$187.9K -$219.3K -$127.7K
COMMON SHARES
Basic Shares Outstanding 24.98M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q2 2017 Q2 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.70M $73.80M $75.00M
YoY Change -36.72%
Cash & Equivalents $12.24M $53.79M $75.01M
Short-Term Investments $35.00M $20.00M
Other Short-Term Assets $1.000M $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses $965.0K $8.000K $15.00K
Receivables
Other Receivables
Total Short-Term Assets $48.12M $73.80M $75.03M
YoY Change -34.8%
LONG-TERM ASSETS
Property, Plant & Equipment $6.536M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $521.0K
YoY Change
Total Long-Term Assets $7.557M $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $48.12M $73.80M $75.03M
Total Long-Term Assets $7.557M $0.00 $0.00
Total Assets $55.68M $73.80M $75.03M
YoY Change -24.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.700M $4.500M $800.0K
YoY Change -17.78%
Accrued Expenses $200.0K $100.0K $0.00
YoY Change 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $100.0K $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.675M $4.762M $811.0K
YoY Change -22.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $400.0K
YoY Change
Total Long-Term Liabilities $400.0K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.675M $4.762M $811.0K
Total Long-Term Liabilities $400.0K $0.00 $0.00
Total Liabilities $4.070M $4.762M $811.0K
YoY Change -14.53%
SHAREHOLDERS EQUITY
Retained Earnings -$59.78M -$25.87M -$20.34M
YoY Change 131.11%
Common Stock $111.4M $94.94M $94.55M
YoY Change 17.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $51.61M $69.07M $74.21M
YoY Change
Total Liabilities & Shareholders Equity $55.68M $73.84M $75.03M
YoY Change -24.6%

Cashflow Statement

Concept 2018 Q2 2017 Q2 2017 Q1
OPERATING ACTIVITIES
Net Income -$5.093M -$5.529M -$3.218M
YoY Change -7.89% 388.0% 256.37%
Depreciation, Depletion And Amortization $115.0K $0.00
YoY Change
Cash From Operating Activities -$3.350M -$970.0K -$2.036M
YoY Change 245.36% 34.72% 251.03%
INVESTING ACTIVITIES
Capital Expenditures -$4.740M
YoY Change
Acquisitions
YoY Change
Other Investing Activities $2.010M -$20.23M -$380.0K
YoY Change -109.94%
Cash From Investing Activities -$2.740M -$20.23M -$375.0K
YoY Change -86.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 80.00K -10.00K $49.92M
YoY Change -900.0% -101.39% 8507.24%
NET CHANGE
Cash From Operating Activities -3.350M -970.0K -$2.036M
Cash From Investing Activities -2.740M -20.23M -$375.0K
Cash From Financing Activities 80.00K -10.00K $49.92M
Net Change In Cash -6.010M -21.21M $47.51M
YoY Change -71.66%
FREE CASH FLOW
Cash From Operating Activities -$3.350M -$970.0K -$2.036M
Capital Expenditures -$4.740M
Free Cash Flow $1.390M
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Use Of Estimates
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dei Document Type
DocumentType
10-Q
dei Amendment Flag
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dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
MUSTANG BIO, INC.
dei Entity Central Index Key
EntityCentralIndexKey
0001680048
dei Current Fiscal Year End Date
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--12-31
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NetCashProvidedByUsedInInvestingActivities
-20613000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5000000 shares
ck0001680048 Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
0 USD
ck0001680048 Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
1682000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6661000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1383000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
125000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2000 USD
CY2017Q1 us-gaap Depreciation
Depreciation
0 USD
CY2018Q2 us-gaap Depreciation
Depreciation
115000 USD

Files In Submission

Name View Source Status
0001144204-18-044004-index-headers.html Edgar Link pending
0001144204-18-044004-index.html Edgar Link pending
0001144204-18-044004.txt Edgar Link pending
0001144204-18-044004-xbrl.zip Edgar Link pending
ck0001680048-20180630.xml Edgar Link completed
ck0001680048-20180630.xsd Edgar Link pending
ck0001680048-20180630_cal.xml Edgar Link unprocessable
ck0001680048-20180630_def.xml Edgar Link unprocessable
ck0001680048-20180630_lab.xml Edgar Link unprocessable
ck0001680048-20180630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
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tv500038_10q.htm Edgar Link pending
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